Solana (HSDT) Research & Development (2016 - 2025)
Solana (HSDT) reported Research & Development of $886000.0 for Q4 2025, down 4.11% on a YoY basis from $924000.0 in Q4 2024, and up 3.26% sequentially from $858000.0 in Q3 2025.
Solana (HSDT) Research & Development (2016 - 2025) Analysis & Trends
Solana (HSDT) has 10 years of Research & Development data on file, last reported at $886000.0 in Q4 2025.
- For the quarter ending Q4 2025, Research & Development fell 4.11% year-over-year to $886000.0; the trailing twelve-month figure through Dec 2025 stood at $3.5 million (down 4.04% YoY), and the FY2025 full-year result was $3.5 million, down 4.04% from the prior year.
- Research & Development climbed to $886000.0 in Q4 2025, from $858000.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $1.8 million in Q4 2021 to a low of $650000.0 in Q4 2023.
- A 5-year average of $1.0 million and a median of $886000.0 in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development soared 118.62% in 2021 and slumped 56.08% in 2022, its largest moves.
- Tracing HSDT's Research & Development over 5 years: stood at $1.8 million in 2021, then plunged by 56.08% to $794000.0 in 2022, then dropped by 18.14% to $650000.0 in 2023, then surged by 42.15% to $924000.0 in 2024, then declined by 4.11% to $886000.0 in 2025.
- Business Quant data shows HSDT's Research & Development at $886000.0 in Q4 2025, $858000.0 in Q3 2025, and $822000.0 in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | - |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 637.00 Mn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | - |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 75.00 Mn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | Solana | 190.40 | -4.39 Mn | 3.44 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 886,000.00 |
| Sep 30, 2025 | 858,000.00 |
| Jun 30, 2025 | 822,000.00 |
| Mar 31, 2025 | 945,000.00 |
| Dec 31, 2024 | 924,000.00 |
| Sep 30, 2024 | 1.08 Mn |
| Jun 30, 2024 | 870,000.00 |
| Mar 31, 2024 | 788,000.00 |
| Dec 31, 2023 | 650,000.00 |
| Sep 30, 2023 | 722,000.00 |
| Jun 30, 2023 | 684,000.00 |
| Mar 31, 2023 | 886,000.00 |
| Dec 31, 2022 | 794,000.00 |
| Sep 30, 2022 | 751,000.00 |
| Jun 30, 2022 | 953,000.00 |
| Mar 31, 2022 | 1.76 Mn |
| Dec 31, 2021 | 1.81 Mn |
| Sep 30, 2021 | 1.49 Mn |
| Jun 30, 2021 | 1.38 Mn |
| Mar 31, 2021 | 1.32 Mn |